Bloomberg United Continental Holdings Inc. is pushing ahead with its aggressive growth plan as robust demand enables the airline to boost fares even as it expands the seat supply. Revenue for each seat flown a mile, a proxy for pricing power, will rise 1 percent to 3 percent in the second quarter, the No. 3 US carrier said in a …

Bloomberg Mexico’s richest man is rushing to the defense of a $13 billion airport project that’s under fire from the front-runner in the nation’s presidential campaign. The new hub for Mexico City will set off an economic boom for the capital, said Carlos Slim, whose construction company has won airport building contracts and whose son-in-law helped design the terminal with …

Bloomberg Spirit Airlines Inc. is considering adding smaller planes to its fleet of Airbus SE jets as the carrier looks for ways to expand its service. The ultradiscounter expects to seek proposals from planemakers “shortly,” having completed an evaluation of the options, Chief Commercial Officer Matt Klein said. He declined to say when the airline might make an order. Adding …

Bloomberg A year after its break with Nordstrom Inc., Ivanka Trump’s brand is going to rely more on its own website to get its apparel in the hands of consumers. Starting from Wednesday, shoppers can order merchandise directly — with a 15 percent discount — from the brand’s website, the retailer announced in an email to customers. Since the site’s …

Bloomberg Kraft Heinz Co., struggling with sliding sales and a falling stock price, is partnering with celebrity chef David Chang to generate some buzz. The ketchup maker will use its expertise in food production and distribution to help Chang take his Momofuku Ssam sauce national for the first time. The condiment, which has been served across the chef’s restaurant group …

Bloomberg Hammerson Plc withdrew its 3.2 billion-pound ($4.6 billion) offer to buy Intu Properties Plc after a growing number of its shareholders opposed a deal that would have created the UK’s biggest shopping-mall owner. Hammerson’s initial all-share offer had come as mall owners try to combine to cut costs and focus on premium properties while UK consumers endure a year-long …

Bloomberg India’s cash machines are running dry, leaving policy makers and bankers scrambling to assuage the public and prevent perception about the nation’s fraud-hit financial system from worsening. As the banknote shortage spread across several states, the government finally addressed the issue in a statement, where it cited an “unusual spurt in demand” for cash. The Finance Ministry rolled out …

Bloomberg Germany’s public-sector workers and employers have agreed on a three-step series of wage hikes, providing the European Central Bank with fresh evidence of inflation-boosting pay deals and averting the threat of more disruptive strikes. Wages for 2.3 million workers in federal and local governments will rise by an annual 3.19 percent on average retroactive to March, by another 3.09 …

Bloomberg Investors are losing faith in the Bank of England delivering two interest-rate increases this year as UK economic data does little to suggest a full-blown tightening cycle is needed. While a hike in May is still almost fully priced in by markets, the chances of a second in 2018 fell further on Wednesday after inflation slowed to the weakest …

Bloomberg China’s banks stand to make higher profits from the government’s move to fine-tune monetary policy by slashing their reserve requirements. Banking shares jumped. The resulting drop in funding costs will boost the net interest margin of listed Chinese banks by 0.9 basis point and lift their profits by 0.6 percent, according to analysts at China International Capital Corp. Industrial …